Elsewedy Electric Co SAE (SWDY)

• Stock
• Company Profile
• News
• Announcements
• Fair Values
• Corporate Actions
• Earning Announcements
• News Reports
• Insider Trades
• Volume Statistics
• Financial Ratios
• IPOs
• Financial Statements
• Support and resistance
• More

News

9 May 2021 00:00 PM Elsewedy Electric enters Asian market with $60m acquisitions

Cairo – Mubasher: Elsewedy Electric Co. has entered the Asian market with two acquisitions worth $60 million in the transformers sector in Indonesia and Pakistan. The integrated energy solution provider completed the acquisition of 95% of PT CG …

Mergers and Acquisitions

26 April 2021 11:40 AM Elsewedy Electric's unit inks deal to build EGP 870m control regional centre

Cairo – Mubasher: Elsewedy Electric Co announced that its subsidiary Elsewedy Electric for Trading and Distribution, ABB, and Hitachi ABB signed a new engineering, procurement, and construction (EPC) contract to establish the Delta Regional …

Companies Investments

24 February 2021 11:21 AM Elsewedy Electric annual profit down 24.8%; dividends proposed

Cairo – Mubasher: Elsewedy Electric Co’s net profits for 2020 fell by 24.8% on a yearly basis to reach EGP 3.02 billion, compared with EGP 4.02 billion in 2019. The company’s revenue stood at EGP 46.4 billion last year, compared to EGP 46.6 …

Cash Dividends

17 February 2021 10:39 AM Elsewedy Electric's unit inks KWD 16m deal with Kuwait's Ministry of Electricity and Water

Cairo – Mubasher: Elsewedy Electric Co announced that its subsidiary Elsewedy Electric Transmission and Distribution signed a new contract with Kuwait’s Ministry of Electricity and Water. The KWD 16.1 million contract includes the supply and …

Company News

16 February 2021 11:12 AM Elsewedy Electric pens SPA to acquire East Asian power transformer manufacturer

Cairo – Mubasher: Elsewedy Electric Co signed a sales and purchase agreement (SPA) to acquire a power transformer manufacturing company in East Asia. The agreement is contingent on some terms and conditions related to this type of deals, the …

Company News

16 February 2021 10:48 AM Elsewedy Electric's unit inks EGP 711m deal in south valley development project

Cairo – Mubasher: Elsewedy Electric Co announced that its subsidiary Elsewedy Electric for Trading and Distribution signed a new contract to implement the completion of the first stage of infrastructure works in the south valley development …

Company News

10 February 2021 11:21 AM Elsewedy Electric's unit, Alexandria Petroleum Maintenance ink EGP 126m deal

Cairo – Mubasher: Elsewedy Electric Co announced that its 99.9%-owned subsidiary Elsewedy Electric for Trading and Distribution and Alexandria Petroleum Maintenance Co. Petromaint signed a contract to implement the sewage treatment plant Nijh in …

Companies Investments

2 February 2021 11:10 AM Elsewedy Electric’s unit inks EGP 1.46bn deal with Starlight Developments

Cairo – Mubasher: A 51%-owned subsidiary of Elsewedy Electric Co has signed a contract with Starlight Developments to build Katameya Creeks project in New Cairo. The contract is valued at EGP 1.46 billion, according to a bourse statement on …

Companies Investments

31 December 2020 11:40 AM Elsewedy Electric approves facility contract with Banque Misr

Cairo – Mubasher: The board of directors of Elsewedy Electric Co approved the terms and conditions of the facility agreement with Banque Misr at a value up to $185 million, excluding fees, commissions and other expenses.   The facility agreement …

Banking and Finance

6 December 2020 10:49 AM Elsewedy’s unit inks EGP 193m deal to build Delta regional control centre

Cairo – Mubasher: Elsewedy Electric Co announced that its 99.9%-owned subsidiary Egytech Cables signed a new engineering, procurement, and construction (EPC) contract with the Egyptian Electricity Transmission Company (EETC) to build the new …

Companies Investments

1 December 2020 11:05 AM Elsewedy-Toyota consortium inks EGP 1.46bn deal with North Cairo Electricity Distribution

Cairo – Mubasher: A consortium of Elsewedy Electric Co and Toyota Tsusho signed an agreement worth EGP 1.46 billion with the North Cairo Electricity Distribution Company. The engineering, procurement, and construction (EPC) contract includes …

Companies Investments

29 November 2020 00:19 PM Elsewedy Electric's profit slumps 30.5% in 9M

Cairo – Mubasher: Elsewedy Electric Co reported a 30.5% decline in its consolidated net profits, registering EGP 1.93 billion in the first nine months of 2020, compared to EGP 2.78 billion in the year-ago period, including minority shareholders’ …

Financial Results

16 November 2020 10:55 AM Elsewedy Electric's unit inks $90m deal for information traffic system

Cairo – Mubasher: Elsewedy Electric Co. announced that its subsidiary Elsewedy Electric for Trading and Distribution signed a new engineering, procurement, and construction (EPC) contract worth $90 million with the Egyptian government for smart …

Companies Investments

11 November 2020 03:26 PM Elsewedy Electric's unit inks contracts worth EGP 846m

Cairo – Mubasher: Elsewedy Electric Co. announced that its subsidiary Elsewedy Electric for Trading and Distribution signed contracts worth EGP 846 million to establish several projects. The projects include establishing an overhead power line to …

Companies Investments

8 September 2020 00:24 PM Eaton, EMAS announce partnership in Egypt

Cairo – Mubasher: Eaton announced a long-term partnership with the Egyptian Manufacturing and Advanced System (EMAS), a subsidiary of Elsewedy Industries Group, in Egypt. The partnership is aimed at boosting the presence of Eaton’s electrical …

Companies Investments

6 September 2020 04:37 PM Elsewedy Electric inks EGP 100m deal to build electricity network in Toshka

Cairo – Mubasher: Elsewedy Electric for Trading and Distribution signed an agreement with Upper Egypt Electricity Distribution Co to build an external electricity network to cover 40,000 feddans in Toshka. The project will be implemented at an …

Companies Investments

2 September 2020 11:53 AM Elsewedy Electric’s unit inks EGP 355.5m substation contract

Cairo – Mubasher: Elsewedy Electric Co announced that its 99.98%-owned subsidiary Elsewedy Electric for Trading and Distribution signed a new agreement worth EGP 355.5 million to establish a new substation. The contract includes building a …

Companies Investments

23 August 2020 11:22 AM Elsewedy Electric’s profit falls 47% in H1-20

Cairo – Mubasher: The consolidated financial statements of Elsewedy Electric Co showed a 47% year-on-year (YoY) drop in its net profits, logging EGP 1.025 billion in the first half (H1) of 2020, compared to EGP 1.95 billion. The company’s revenues …

Financial Results

9 August 2020 11:56 AM Elsewedy Electric's unit inks $38.6m deal to build substation in Congo

Cairo – Mubasher: Elsewedy Electric Co announced that its 99.8%-owned subsidiary Elsewedy Electric for Transmission and Distribution of Energy signed a new agreement worth $38.6 million with Congo’s Societe Nationale d'Electricite (SNEL). Under …

Companies Investments

30 June 2020 01:29 PM Elsewedy Electric denies signing intelligent transportation contract

Cairo – Mubasher: Elsewedy Electric Co has not signed an agreement yet to install intelligent transport systems on six roads in Egypt, according to a bourse disclosure on Tuesday. In response to news reports about the implementation of the …

Company News

17 June 2020 11:12 AM Elsewedy's unit inks EGP 423m deal with El Mostakbal for Urban Development

Cairo – Mubasher: Elsewedy Electric Co announced that its subsidiary Elsewedy Electric for Trading and Distribution signed a new agreement worth EGP 423.3 million with El Mostakbal for Urban Development. The agreement includes the establishment of …

Companies Investments

20 May 2020 01:22 PM Egypt to build EGP 500m electricity network in East Owainat

Cairo – Mubasher: The Egyptian Ministry of Electricity announced signing a contract to build an electricity network to electrify 50,000 feddans in East Owenat at an estimated cost of EGP 500 million. The estimated investment cost of the project …

Companies Investments

13 May 2020 11:31 AM Elsewedy Electric’s profit plunges 53% in Q1-20

Cairo – Mubasher: Elsewedy Electric Co reported a 53% year-on-year (YoY) drop in its net profits during the first quarter of 2020, the consolidated financial statements showed. The company’s net profits shrank to EGP 463.69 million during the …

Financial Results

12 May 2020 00:04 PM Elsewedy Electric's unit pens EGP 209m deal to build substation in Fayoum

Cairo – Mubasher: Elsewedy Electric Co announced that its subsidiary Elsewedy Electric for Trading and Distribution signed a new agreement worth EGP 209 million to establish a new substation in Al Lahoon in the Egyptian governorate of Fayoum. The …

Companies Investments

10 May 2020 03:09 PM Elsewedy Electric's unit inks EGP 119.8m transmission line contract

Cairo – Mubasher: Elsewedy Electric Co announced that its subsidiary Elsewedy Electric for Trading and Distribution signed a new agreement worth EGP 119.8 million with the Egyptian Electricity Transmission Company. The deal incudes the …

Companies Investments